Prosecutors Probe Company for Leaking GM Korea Technology

July 2 (Bloomberg) -- General Motors Co. said South Korean
prosecutors are investigating whether a contractor leaked the
U.S. carmaker’s engine technology overseas.

Prosecutors raided the design company yesterday and
searched for evidence, Kim Byeong Soo, a spokesman at GM Korea,
said by phone today, declining to name the company. GM began an
internal probe to assess the situation, though the U.S. carmaker
itself isn’t under investigation, he said.

Prosecutors in South Korea learned about the possible leak
through its own intelligence network, News1 reported, citing the
division at Supreme Prosecutors’ Office that looks into high-technology and financial crimes.

An official at the division, who didn’t provide his name,
declined to comment on the matter citing internal policy on
investigations when reached by Bloomberg News. The Ministry of
Justice and the Supreme Prosecutors’ Office didn’t immediately
respond to e-mailed queries.